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When to advertise?

Discussion in 'Property Management' started by thegoat, 26th Nov, 2015.

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  1. thegoat

    thegoat Member

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    26th Nov, 2015
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    Melbourne
    Hi guys,

    We have recently bought another PPOR to live in which settles on the 15th January. We will start moving out of our current PPOR from that date. Our current PPOR will become our first investment property.

    We have told the RE agent that we've chosen that 30th January as the date the house will be officially available to move into. Ideally we would like someone to move in on that date to minimise any time the house will be vacant. Our rental manager has suggested to start advertising 2 weeks before that date, but is that enough time for someone to look at it, give notice (possibly) to where they're currently renting and then move into our house on that date? Being new to this, I would have thought 3 weeks would be a minimum.

    Any advice?
     
  2. D.T.

    D.T. Adelaide Property Manager Business Member

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    Adelaide, SA
    Really depends on demand level in your suburb and how your property is priced comparatively.

    2 weeks is normally ok. More is better.
     
  3. Scott No Mates

    Scott No Mates Well-Known Member

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    When you be willing to have the prospects through your ppor (how moved out/packed up will you be)?
     
  4. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

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    Potential tenants will likely not be looking to move until mid-January anyway due to the holiday period.
     
  5. D.T.

    D.T. Adelaide Property Manager Business Member

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    Where's my dislike button :p
     
  6. Xenia

    Xenia Adelaide Property Manager Business Member

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    Location:
    4/136 The Parade Norwood, South Australia
    Advertise it now!
    what's stopping them from doing it right now?
     
    MTR likes this.
  7. Azazel

    Azazel Well-Known Member

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    Location:
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    Yeah, I would prefer it to be advertised a bit before 2 weeks.
    They can put the date that it will be available on the ad.
     
    Xenia likes this.
  8. MTR

    MTR Well-Known Member Premium Member

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    Perth, Melbourne, USA
    Absolutely, no harm in it and if you secure a tenant then great.
    Lock it in, especially with holiday season coming.

    MTR:)
     
    Xenia likes this.